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Economy

All News about Iranian Economy – Looking at Iran’s economy on a macro scale, including the big decisions and policies that would shape the markets today and tomorrow.

Economy

Iran building major port near Hormuz Strait

Golrokh Askarieh -
A multi-purpose port Iran is building near the Strait of Hormuz has absorbed 700 million euros in foreign investment. Officials say the new port can turn into one of the biggest and most discussed international ports in the world.
Asia

AIIB can be instrumental in Asian development projects: Economy minister

Emad Askarieh -
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
Economy

“Imposing pressure on negotiators unwise; people need peace of mind”

Emad Askarieh -
President Rouhani’s Chief of staff has said that the Iranian nation needs peace of mind and a thriving economy in which business will yield benefits.
Economy

Iran needs to get ready for the post-sanctions era

Emad Askarieh -
Iran’s standard chief says accreditation helps the country start doing business and rendering services on the same footing with its international counterparts.
Economy

Iran’s return to oil market gradual: Zanganeh

Emad Askarieh -
Zanganeh said oil market stability through balanced supply and demand will remain a priority for OPEC under all circumstances.
Economy

Stand your ground on gasoline decision

IFP Editorial Staff -
Sadegh Zibakalam has asked in a letter to the government spokesman to explain to people the positive results the government decision to raise gasoline prices will produce in the long run.
Economy

Envoy Describes Germany as Iran’s Biggest European Trade Partner

Emad Askarieh -
Germany is the biggest European partner of Iran in the field of economy, the German envoy said in a meeting with Khorasan Razavi governor general.
Economy

Rouhani says committed to liberating economy from foreign pressures

Golrokh Askarieh -
Government is committed to liberating the land of economy from the occupation of P5+1 and the UN Security Council through diplomacy, Rouhani noted.
Economy

False expectations about a price decline are aimed at harming government: Economist

Golrokh Askarieh -
Those who have made such predictions are either unaware of price trends or seek to exert pressure on the government.
Economy

Iran permits ‘unofficial’ US trade link

Emad Askarieh -
Unofficial connections could pave the way for establishment of joint chambers of commerce between Iran and America, said Gholamreza Shafei.
Economy

Iran to launch trade center in Iraq’s Kurdistan Region

Golrokh Askarieh -
The center should serve to provide a good understanding of Iraq's market, introduce Erbil's trade attractions to traders and support the Iranian industries that eye a share in the Iraqi city.
Economy

Iran, Oman launch new shipping route

Emad Askarieh -
Iran has inaugurated a new shipping route to Oman to help diversify its access to international export markets and to transport food items, agricultural products and perishable goods.
Economy

Iran’s strong presence in Expo Milano 2015

Fatemeh Askarieh -
A photo gallery of the Iranian pavilion designed by Kamran Safamanesh at Expo Milano 2015.
Asia

Asia refiners renew Iran crude purchase deal

Emad Askarieh -
Chinese, Indian, South Korean, Japanese and Turkish refiners have all extended their oil purchase contracts with Iran, said Ghamsari.
Africa

Iran, South Africa keen for closer economic ties

Emad Askarieh -
Tehran is willing to expand economic relations with Pretoria and the ties should develop with a good momentum, said the president in a meeting with Nkoana-Mashabane.
Economy

Iran trade team on rare US visit

Emad Askarieh -
An Iranian team of economic and cultural players is reportedly in the US to hold talks with their American peers and present Iran's capacities, said a member of Tehran Chamber of Commerce.
Economy

Gas exports to Europe not economical: Iranian official

Golrokh Askarieh -
Given a decline in gas prices in Europe, it is not economically feasible to export gas there at the moment, said Mohsen Ghamsari.
Economy

Iran, India ink deal on Chabahar Port

Golrokh Askarieh -
Defying US warnings, India has signed an agreement with Iran to develop a port in the southeastern province of Sistan-Baluchestan.
Economy

Iran, Algeria working to promote trade ties

Golrokh Askarieh -
Iranian and Algerian chambers of commerce are duty bound to encourage their private sectors to promote trade and embark on joint ventures, said Shafei.
Economy

Italy’s giant energy company ‘Eni’ eyes role in Iran

Emad Askarieh -
Officials from Eni conducted negotiations with the Iranian oil minister a few days ago on development of Iran’s joint fields, said Abdolreza Haji Hosseininejad.
Economy

Iran, Russia start using national currencies in banking transactions

Emad Askarieh -
The opening of a joint Iran-Russia bank account, presence of Russian banks in Iran and choosing a Russian bank for rial-based trade exchanges in Russia are some of the measures underway.
Economy

Peugeot to sign new contract with Iran Khodro

Golrokh Askarieh -
European manufacturers aim to return to the country if sanctions are eased under a proposed nuclear pact.
Economy

Supreme Leader: Domestic production key to solving economic woes

Golrokh Askarieh -
The Islamic Revolution leader has said that the country needs to rely on its domestic production if it wants to see its economic problems solved.
Economy

Iran, Russia ditch dollar, trade in ruble

Golrokh Askarieh -
Iran and Russia have started to use a mechanism which helps them ditch dollar and trade in ruble.
Economy

Iran’s dependence on oil hitting record low: Rouhani

Emad Askarieh -
President Rouhani has said that Iranians are equal before the law, adding all people, foreign tourists included, are protected by police and the law.
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